The Financial Supervisory Service (FSS), South Korea's financial regulator, spent 189 million won ($240,000) of the 327 million won subsidy allocated last year to its Financial Hub Support Center, producing a 57.8% execution rate. The center was created to help Korean financial firms expand abroad and foreign financial firms enter the domestic market, but most spending went to overseas investor-relations events and international cooperation programs rather than direct corporate support. Overseas IR accounted for 170 million won, while 33 million won funded visits to foreign supervisory authorities. The National Assembly's National Policy Committee said the center had not demonstrated clear results in its core mission, including advisory support for overseas licenses, help resolving foreign regulatory issues, or investment attracted from foreign financial firms. The committee called for the programs to be realigned, and the Financial Services Commission (FSC) accepted the criticism and plans to review improvements.